ECB Sees Trump Administration as Key Risk to Global Economy
- Central bank says fresh concerns have arisen as others fade
- Federal Reserve is praised for ‘careful’ communication
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The European Central Bank cited the government of U.S. President Donald Trump as a key reason why the risks to the global economy remain tilted to the downside.
The Frankfurt-based ECB said in an article from its Economic Bulletin on Wednesday that while some concerns over the prospects for world growth have diminished, such as China’s short-term outlook and the resilience of emerging-market economies, others have appeared.